FCA Mills Review Warns AI Insurance Pricing Risks Opaque Value
FCA Mills Review warns AI-driven personalisation risks opaque insurance pricing, eroding fair value under the FCA's Consumer Duty price tests.
Author
Senior reporter at InsuraBeat leading coverage of insurance regulation, executive moves, and the insurtech landscape across EMEA and APAC. Fifteen years straddling regulation and trade journalism: began in the legal team of a French insurance industry body, advising members on Solvency II implementation and product approvals, then moved to specialised insurance media to cover EIOPA, NAIC and IAIS work and prudential reform. Graduate of the Pan-Asian School of Governance and Regulatory Affairs (Singapore), with an LL.M. in Insurance Prudential Law and Cross-Border Compliance from the Nihon-Siam Institute of Legal Studies (Bangkok). Writes from Brussels, on European afternoon markets.
FCA Mills Review warns AI-driven personalisation risks opaque insurance pricing, eroding fair value under the FCA's Consumer Duty price tests.
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